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Rail industry views vary on executive order’s impact

(Source: Progressive Railroading, July 12, 2021) Freight- and passenger-rail industry officials have offered mixed reactions to President Joe Biden’s new executive order (EO) on economic competition, which calls on the Surface Transportation Board (STB) to...

STB Chair Oberman welcomes Biden’s executive order

(Source: Progressive Railroading, July 12, 2021) Surface Transportation Board Chairman Martin Oberman said in a prepared statement that he welcomes “the nationwide policy” and “joins the concerns” outlined in the executive order on competition...

Biden targeting Class I rail mergers?

(Source: Railway Age, July 8, 2021) NEW YORK — President Biden on July 9 will sign an Executive Order directing federal regulators to “confront consolidation and perceived anticompetitive pricing” in the railroad and ocean shipping industries, among many others, “as...

STB closes comment period on CN-KCS voting trust proposal

(Source: Progressive Railroading, June 30, 2021) CN and Kansas City Southern yesterday announced that the Surface Transportation Board’s (STB) comment period regarding the companies’ application for a voting-trust approval has closed. Full story: Progressive...

STB releases new Rail Heritage Map

(Source: Railway Age, June 25, 2021) NEW YORK — The Surface Transportation Board’s Office of Environmental Analysis (OEA) has updated its Rail Heritage Map. The map provides the locations of 1,596 rail-related structures, buildings and sites listed on the National...

STB taking public comments on CN, KCS merger

(Source: The Times, June 23, 2021) GARY, Ind. — CN, which operates Kirk Yard in Gary and maintains rail lines across the Region, is seeking federal approval for its $33.6 billion acquisition of Kansas City Southern that would let it ship goods all across North...

Class I employment level changed little in May

(Source: Progressive Railroading, June 23, 2021) Class Is employed 115,508 workers in mid-May, a 0.02% increase from April’s level but down 2.84% year over year, according to Surface Transportation Board (STB) data. Four of six employment categories logged increases...